FYBMS- B.

E (SEM II)
INTERNAL TEST
MARKS:20

Q1. FILL IN THE BLANKS:

5marks

1. Bussiness in the present times is a purposeful____________ and social activity

2. A wholesaler buys goods from manufacturer and sells it in ____________

3. R&D facilities means______________

4. Socio-Cultural environment has greater impact on business than political or

_________ environment

5. Business firms uses _________ analysis to develop a strong business policy

6 . _____________ 5means expansion of business activities

7. Business is needed because it provides _________ to the government

8. A business cannot survive without _________

9. Market research product research helps in ___________ development

10. ______________ environment is the environment that exists within the firm

Q2. EXPLAIN THE FOLLOWING CONCEPTS:

5marks

1. SOLE TRADING CONCER555N

2. MIXED ECONOMY

3. GLOBALISATION

4. ECONOMIC ENVIRONMENT

5. CO-OPERATIVE SOCIETY

Q3. ATTEMPT ANY 2 FROM THE FOLLOWING:

10marks

1. What is Business Environment? Explain its features.

2. Discuss factors affecting Economic Environment of business.

3.What is the role of government in business?